India: Singh brothers seek funds from KKR, Piramal to repay Religare debt

India: Singh brothers seek funds from KKR, Piramal to repay Religare debt

Malvinder Singh (left) and Shivinder Mohan Singh. Photo: HT

RHC Holding Pvt. Ltd, a company through which brothers Malvinder and Shivinder Singh own shares in Fortis Healthcare and Religare Group companies, has approached lenders for urgent funds to meet repayment obligations of financial services firm Religare Enterprises Ltd, two people directly aware of the talks said.

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